AU$100
in 1940 →
AU$2,496.30
in 1998

Australia Inflation Calculator

Australian Inflation Rate, AU$100 in 1940 to 1998

According to the Bureau of Statistics consumer price index, prices in 1998 are
2,396.30% higher than
average prices throughout 1940.
The dollar experienced an average inflation rate of 5.70% per year during this period, meaning the real value of a dollar decreased.

In other words, AU$100 in 1940 is equivalent in purchasing power to about AU$2,496.30 in 1998, a difference of AU$2,396.30 over 58 years.

The 1940 inflation rate was 3.85%. The inflation rate in 1998 was 0.75%.
The 1998 inflation rate is lower compared to the average inflation rate of 2.57% per year between 1998 and 2019.

You may use the following MLA citation for this page:
“1940 dollars in 1998 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 May. 2019, https://www.officialdata.org/1940-AUD-in-1998.